Google to raise $2 billion in share sale

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Google to raise $2 billion in share sale

Google yesterday said it will sell 5.3 million shares and raise about $2 billion, to meet demand from index funds, following its recent inclusion in the S&P 500 index.

AdvertisementIt’s the second time the company has sold shares since its initial public offering in 2004. Last year, the firm raised $4.2 billion in a follow-on offering.

Read the complete story here. (CBR)

Author